India’s Q3FY24 GDP to grow 6.7% – 6.9%: SBI
Chennai, Feb 28 (SocialNews.XYZ) India’s Gross Domestic Product (GDP) should grow in the region of 6.7-6.9 per cent during the third quarter (Q3) of FY24, said a top economist with the State Bank of India…
Economy
Sensex down more than 500 points
New Delhi, Feb 28 (SocialNews.XYZ) Market was likely to be in a range-bound zone in the near term, said V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services. “FIIs have sharply reduced their selling this month…
SJVN commissions 100 MW solar power unit in Gujarat
New Delhi, Feb 27 (SocialNews.XYZ) SJVN Ltd has commissioned its 100 MW Raghanesda Solar Power Station located in Gujarat’s Banaskatha district, making it the government-owned company’s second green energy unit to go on stream this…
Vodafone Idea plans to raise Rs 45K cr through combination of equity and debt
New Delhi, Feb 27 (SocialNews.XYZ) The Board of Directors of Vodafone Idea at its meeting held on Tuesday approved a fund raise of up to Rs 20,000 crore via a combination of equity and/or equity-linked…
Centre approves Rs 1,935cr worth highway projects for Himachal, Uttarakhand
New Delhi, Feb 27 (SocialNews.XYZ) Union Minister for Road Transport and Highways Nitin Gadkari announced on Tuesday the approval of Rs 1,935.7 crore worth highway projects in the hill states of Himachal Pradesh and Uttarakhand….
Centre approves highway projects worth Rs 2,333cr in UP, Jharkhand
New Delhi, Feb 27 (SocialNews.XYZ) Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday announced the approval of Rs 2,333 crore worth highway projects in Uttar Pradesh and Jharkhand. Gadkari said in Uttar…
Eye on polls, Maha budget targets thrust areas to achieve $1 Trillion economy (Lead)
Mumbai, Feb 27 (SocialNews.XYZ) Eyeing the forthcoming parliamentary and Maharashtra Assembly elections, the MahaYuti Government on Tuesday tabled its Interim Budget 2024-2025 with a strong focus on key areas intended to achieve the dream of…
Fortune Soya Chunks and dabbawalas surprise Mumbai with nutritious lunchbox
Mumbai, Feb 27 (SocialNews.XYZ) Adani Wilmar, a leading food and FMCG company, joined hands with the iconic Mumbai Dabbawala Association for World Protein Day to distribute packs of Fortune Soya Chunks to the city’s residents….
Goyal urges India Inc. to expand manufacturing footprint
New Delhi, Feb 27 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Tuesday said that with the triple track of strong macroeconomic fundamentals, huge thrust in infrastructure creation and social welfare push, India has been…
Adani Group’s ammunition plants open in Kanpur, locals overjoyed over jobs generation
New Delhi, Feb 27 (SocialNews.XYZ) The Adani Group’s two mega facilities launched in Kanpur for the manufacturing of ammunition and missiles are set to add new dimensions to the country’s self-reliance in the defence sector….
AirAsia looks to add Tier 2/3 cities to its India route map
Chennai, Feb 27 (SocialNews.XYZ) The Malaysia headquartered AirAsia airline, which would soon add Jaipur, Vishakapattinam and Ahmedabad to its route map, is looking to add more Indian Tier 2/3 cities, said a senior official of…
‘Indian startup ecosystem on par with global standards’
New Delhi, Feb 27 (SocialNews.XYZ) The startup landscape in India is now on par with global standards, witnessing a shift where startups have become more mainstream, industry leaders said on Tuesday. Addressing the India Digital…
PFRDA notifies simplified Retirement Adviser Regulations
New Delhi, Feb 27 (SocialNews.XYZ) The Pension Fund Regulatory and Development Authority (PFRDA) has notified the new Retirement Adviser Regulations to simplify the provisions related to eligibility criteria, timelines to expedite the process of registration…
Nifty snaps two-day decline in choppy trading session
Mumbai, Feb 27 (SocialNews.XYZ) Nifty rebounded on Tuesday, snapping a two-day decline in a choppy trading session, said Deepak Jasani, Head of Retail Research at HDFC Securities. While the Nifty50 settled 0.34 per cent, or…
TCS likely to lead its peers in revenue growth: UBS
New Delhi, Feb 27 (SocialNews.XYZ) TCS is likely to lead its peers in revenue growth by 100-150 bp along with improvement in margins in FY25, foreign brokerage UBS said in a report. “We believe the…
UNICEF India, Ayushmann Khurrana celebrate Radio Excellence for child rights
New Delhi, Feb 27 (SocialNews.XYZ) The fifth edition of the UNICEF India Radio4Child Awards held today, honoured the outstanding contributions of 22 radio professionals from All India Radio, private FM stations and community radio for…
GD Goenka University and Le Cordon Bleu gear up to redefine hospitality education in India
New Delhi, Feb 27 (SocialNews.XYZ) India is emerging as a global leader in the hospitality industry, thanks to the rapidly growing economy, rising disposable incomes and soaring demand for skilled professionals. The sector offers enormous…
Maha on track to achieve $1 Trillion economy, says Ajit Pawar
Mumbai, Feb 27 (SocialNews.XYZ) Maharashtra is on track to achieve its goal of a $1 Trillion economy soon, said Deputy Chief Minister Ajit Pawar on Tuesday, even as he announced that a Maharashtra Bhavan would…
Startup Mahakumbh is reflective of India’s growth story: Piyush Goyal
New Delhi, Feb 27 (SocialNews.XYZ) Commerce and Industry Piyush Goyal on Tuesday said that Startup Mahakumbh is reflective of the India’s growth story. Delivering the keynote address at the curtain raiser of ‘Startup Mahakumbh’ event…
Foreign investors unwilling to chase most stocks at current valuations, say analysts
New Delhi, Feb 27 (SocialNews.XYZ) Foreign investors are looking to buy Indian stocks on any meaningful correction, but are unwilling to chase most stocks at current valuations, says Pratik Gupta, CEO & Co-Head, Kotak Institutional…